Korea Investment CORP Grows Holdings in Arista Networks, Inc. $ANET

Korea Investment CORP grew its holdings in shares of Arista Networks, Inc. (NYSE:ANET) by 0.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 865,234 shares of the technology company’s stock after buying an additional 4,997 shares during the quarter. Korea Investment CORP’s holdings in Arista Networks were worth $113,372,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Banco Santander S.A. boosted its stake in shares of Arista Networks by 15.6% during the 4th quarter. Banco Santander S.A. now owns 79,672 shares of the technology company’s stock valued at $10,439,000 after buying an additional 10,768 shares during the last quarter. Sumitomo Life Insurance Co. raised its position in shares of Arista Networks by 0.5% during the 4th quarter. Sumitomo Life Insurance Co. now owns 33,504 shares of the technology company’s stock valued at $4,390,000 after acquiring an additional 176 shares in the last quarter. ROI Financial Advisors LLC raised its position in shares of Arista Networks by 9.7% during the 4th quarter. ROI Financial Advisors LLC now owns 8,912 shares of the technology company’s stock valued at $1,168,000 after acquiring an additional 790 shares in the last quarter. Wealthspire Advisors LLC raised its position in shares of Arista Networks by 41.9% during the 4th quarter. Wealthspire Advisors LLC now owns 20,518 shares of the technology company’s stock valued at $2,688,000 after acquiring an additional 6,063 shares in the last quarter. Finally, Atalanta Sosnoff Capital LLC raised its position in shares of Arista Networks by 4,349.2% during the 4th quarter. Atalanta Sosnoff Capital LLC now owns 250,578 shares of the technology company’s stock valued at $32,833,000 after acquiring an additional 244,946 shares in the last quarter. 82.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Arista Networks

In other Arista Networks news, major shareholder Andreas Bechtolsheim sold 220,000 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $157.93, for a total value of $34,744,600.00. Following the sale, the insider directly owned 111,848 shares of the company’s stock, valued at $17,664,154.64. This trade represents a 66.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kelly Bodnar Battles sold 422 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $146.44, for a total value of $61,797.68. Following the completion of the sale, the director directly owned 10,078 shares in the company, valued at $1,475,822.32. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,403,142 shares of company stock valued at $388,820,943 over the last three months. 2.70% of the stock is currently owned by company insiders.

Arista Networks Price Performance

Shares of NYSE ANET opened at $163.38 on Friday. Arista Networks, Inc. has a 1-year low of $85.58 and a 1-year high of $179.80. The business’s fifty day moving average price is $154.43 and its two-hundred day moving average price is $139.99. The firm has a market capitalization of $205.73 billion, a PE ratio of 55.95, a P/E/G ratio of 2.41 and a beta of 1.61.

Arista Networks (NYSE:ANET) last issued its earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.06. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same period last year, the company earned $0.65 earnings per share. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts expect that Arista Networks, Inc. will post 3.27 earnings per share for the current fiscal year.

Trending Headlines about Arista Networks

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista’s Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks (NYSE:ANET) Stock

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ANET. UBS Group reissued a “buy” rating and set a $187.00 price target (up from $177.00) on shares of Arista Networks in a research report on Wednesday, May 6th. Weiss Ratings raised Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Truist Financial set a $175.00 price target on Arista Networks in a research report on Wednesday, May 6th. Rosenblatt Securities upped their price target on Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Bank of America upped their price target on Arista Networks from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Arista Networks has an average rating of “Buy” and a consensus price target of $186.47.

Arista Networks Profile

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.